[ET Net News Agency, 29 July 2021] HSBC Global Research raised its target price for
Techtronic Ind (00669) to HK$160 from HK$154 and maintained its "buy" rating.
The research house said it believes existing home improvement demand can continue to
support sales growth and, over the longer term, think that Techtronic Ind is best
positioned as a market share gainer as cordless penetration rates rise. (RC)